Ownership of dental office practice or business.

20-02-01-15. Ownership of dental office practice or business. 1. Pursuant to subsection 3 of North Dakota Century Code section 43-28-25, it is a class A misdemeanor for any person except a dentist to own more than forty-nine percent of an office practice or business at which the practice of dentistry is performed. On or before June thirtieth of each year, any person having any ownership interest in such an office practice or business, other than a dentist, an entity wholly owned by a dentist, or an entity exempt from the ownership restrictions of subsection 3 of North Dakota Century Code section 43-28-25, shall submit under penalty of perjury, annual statements setting forth a complete accounting of the valuations and the percentage of ownership of all: a. Real property or leasehold interests at which the office practice or business is located. b. Clinical and nonclinical equipment, hardware, software, and all other materials, regardless of where located, used by the office practice or business. c. Any other information sought by the board. 2. To the extent a dentist submits a professional corporation annual report as required by the North Dakota office of the secretary of state, the dentist timely shall submit a copy of the report to the board. History: Effective April 1, 2026. General Authority: NDCC 43-28-01(7), 43-28-02, 43-28-06 Law Implemented: NDCC 19-03.5-09, 43-28-06(1), 43-28-25 27